Dec 29, 2020
Standout Quotes:
"How many people do you keep employed by what you do?" - [Mike]
"I think that a lot of times we don't succeed or we don't get to the place that we want to get cos we don't ask enough" - [Mike]
"What is the control of your calendar... Do you let other people around you or in your business dictate the amount of time you get to spend with your family?"
"You can't achieve anything unless you take the next step... so live ridiculously" - [Mike]
"All smart business people know their numbers" - [Mike]
"The mind works like a rubber band, anytime you stretch it, the elasticity comes out of it" - [Mike]
"Investors are eager but often held back... Fear is what ultimately holds investors back" - [Mike]
"There is no passion to be found in playing small, in settling for a life that is less than the one you are capable of living" - [Nelson Mandela]
Key Takeaways:
Make sure you're thanking people and being grateful for the part that they play in your life and how important that is for you.
The focus and goal of MCI is to teach you how to own and operate a multi-family Real Estate
Right now there's a lot of first-time home-buyer grant money in the country, so a major city you might live in, might have a grant.
If you think through every move that you're going to make, it makes a big difference in your investing strategy and career.
Real Estate can be very distracting from everything else in your life unless you have control of your calendar
Mike's coaching is aimed at delivering more straight forward factual data that's gonna grow your business
No matter what industry you're in, networking and team building is critically important and it's what helps your business grow
Masterminding with people who are more successful than you, is going to help you grow.
The 5 closest people to you in your life right now, are how you're going to turn out in 5 years from now.
Every Real Estate investor possesses a continual desire to grow and learn
Mike's mistakes over the years: Don't over-leverage, don't under leverage, don't overpay, and don't fall in love with a deal
Make time for your education, make time to expand your mind
Episode Timeline:
[02:54] Appreciation from Mike to everyone who has been a part of his life
[05:36] MCI invests in her clients future through an educational platform
[16:40] Making a transition into Commercial Real Estate
[19:00] How do I help you live a more balanced lifestyle while still growing your business?
[19:51] About Mike's newly released book, "Exit Plan"
[26:29] How do we live a ridiculous lifestyle moving forward?
[28:59] Mike shares some techniques he used to get more listings and sellers
[32:45] Mike's Multi-family mastermind
[39:38] Events lined up for the coming year.
[42:00] The My Core Intentions Multi-family summit
[51:43] Some of Mike's mistakes over the years